About Operto
Operto is a company based in Vancouver (Canada) founded in 2005. Operto has raised $37.05 million across 2 funding rounds from investors including Thayer Ventures, Centana Growth Partners and FUSE. Operto has completed 2 acquisitions, including DACK and VRScheduler. Operto offers products and services including Operto Access, Operto Teams, and Operto Guest. Operto operates in a competitive market with competitors including Particle, ecobee, MRI Software, Signify and Landis+Gyr, among others.
- Headquarter Vancouver, Canada
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Sectors
TechnologyBusiness Services Energy & Utilities Travel & Hospitality Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Operto Guest Technologies
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$37.05 M (USD)
in 2 rounds
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Latest Funding Round
$25.05 M (USD), Series B
Mar 16, 2023
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Investors
Thayer Ventures
& 5 more
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Employee Count
Not available
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Investments & Acquisitions
DACK
& 1 more
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Products & Services of Operto
Operto offers a comprehensive portfolio of products and services, including Operto Access, Operto Teams, and Operto Guest.
Provides secure automated guest entry via mobile keys
Automates scheduling and maintenance tracking for teams
Enables digital guidebooks and messaging for enhanced interactions
People of Operto
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Funding Insights of Operto
Operto has successfully raised a total of $37.05M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25.05 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Operto
Operto has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Thayer Ventures, Centana Growth Partners and FUSE.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in growth-stage tech and offline US/Canada companies.
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US focused VC firm
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Software startups are invested in by FUSE venture capital fund.
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Investor details for Operto
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Investments & Acquisitions by Operto
Operto has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DACK and VRScheduler.
Investment portfolio details for Operto
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Offers guest experience management platform
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Property management solutions for vacation rentals are provided.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Operto
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- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Operto
Detailed financials for Operto
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- Profit trends
- Statement rows
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Operto Comparisons
Peer comparison for Operto
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Competitors of Operto
Operto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, MRI Software, Signify and Landis+Gyr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Property management software is provided for residential and commercial properties.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Operto
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Latest news on Operto
Complete news archive for Operto
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Frequently Asked Questions about Operto
Operto was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Operto is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Steve Davis is the current CEO of Operto.
Operto is a funded company, having raised a total of $37.05M across 2 funding rounds to date.
Operto was founded in 2005 in Vancouver, Canada, and operates in the property management technology sector. Cloud-based solutions for automation and access control are offered, including keyless entry, temperature regulation, energy optimization, PMS integration, custom branding options, upsell features, and a real-time dashboard. These services support short-term rentals and hotel operations across various locations.
Operto's top competitors include ecobee, Particle and Landis+Gyr.
Operto offers Operto Access, Operto Teams, and Operto Guest.
Operto has made 2 acquisitions, including DACK, and VRScheduler.
Operto has 6 investors. Key investors include Thayer Ventures, Centana Growth Partners, FUSE, BlackPines Capital Partners, and Derive Ventures.